Yes, it is possible, but it is not clear what you mean by your words “time signature 3/2  2/2”:

1) Polymeter of (faster) 3/2 in some staves, and simultaneously (slower) 2/2 in other staves (coinciding barlines).

2) A “real” time signature of 5/4, with a “display” time signature of 3/2 (+) 2/2.

3) Constantly changing time signatures of

{one 3/2 measure} {one 2/2 measure} {one 3/2 measure} {one 2/2 measure} {one 3/2 measure} {one 2/2 measure} &c.

Which is it?

1), 2) or 3) ?